…We expect trading to begin May 1. Full disclosures and documentation available on request…**

We will be following the domestic ETF with an international version: TBTFi (not to be confused with the BlackRock’s offering, iTBTF). It will be filled with ECB notes, Japanese banks, Sovereign debt from Greece and Cyprus, etc. For diversification purposes, it is important to own TBTF banks in various geographic regions in case of local central bank collapse or nuclear accident.

* AIG is really in there as a sentimental favorite, but they are no longer truly TBTF.

Barry Ritholtz has a background in math & sciences and a law school degree…He left Law for Finance, working as a trader, researcher and strategist before graduating to asset management…and sarcastic blogging.

He considers himself an independent voter and describes himself as a recovering Republican.